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in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire are plan is to give more money to teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >> but he won't say, chris, which loopholes and which deductions. senator, i doubt seriously you would be if favor of doing away or cutting the home mortgage deduction for middle class americans. governor romney has not said what the plan is for paying for the $5 trillion in tax cuts just like he won't talk about what his tax returns have been or -- >> with all due reis spect, governor, first of all, governor romney made is clear in the debate and he was actually able to speak directly to the american people that he is not going to lower the burdening on up y
in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire are plan is to give more money to teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that...
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cut. >> the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years, true? >> not in the least bit true. >> stephen: true, not true, who cares? (laughter) it's over ten years. romney and ryan will only be in office for eight of those. let president bachmann worry about it in 2020. that is what hindsight is for. but folks, just listen to this pit bull. >> how much would it cost. >> it's revenue neutral. >> i'm talking about the cut, we'll get to the deductions. >> the cut in tax rates is lower all american tax rate by 20%. >> how much does that cost. >> it's revenue neutral. >> stephen: okay, revenue neutral, chris. but for some reason wallace wouldn't take no answer for an answer. (laughter) jim? >> well, it's not revenue neutral unless you take away the deduction. >> let me just -- >> you haven't given me the math. >> well, i don't have-- it would take me too long to go through all of the math. >> stephen: great answer. (laughter) why-- (cheers and applause) great answer why is it a great answer? well, it would take m
cut. >> the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years, true? >> not in the least bit true. >> stephen: true, not true, who cares? (laughter) it's over ten years. romney and ryan will only be in office for eight of those. let president bachmann worry about it in 2020. that is what hindsight is for. but folks, just listen to this pit bull. >> how much would it cost. >> it's revenue...
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the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama's touting the buffer role with the minimum tax for mi
the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates...
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vote for a tax cut. liz: for lower brackets. >> but reality this is -- this is kind of side show tactics, whether people want to -- revenues have to go up, hav we e to cut spending and maybe stimulus but they have to happen, and there is no getting around it they can hide behind whatever gimmick they want but we have to do all of the above. liz: what is the market reaction to that move, if they say we're going with as if call clifs -- s a bill that says raising taxes on upper bracket. >> if they did that it would be well telegraphed, i don't think they would do it in a subtle way. the market react that shows fiscal responsibility is a positive. liz: markets are not reacting. >> markets are benign about this the biggest danger for markets is a policy is make and chaos. >> do you think what we've seen -- we've seen an economy distorted by bubbles, like the economy has been on platform shoes, and i feel like, we have -- market -- some analyst some people, have been drained of all common sense, like they are
vote for a tax cut. liz: for lower brackets. >> but reality this is -- this is kind of side show tactics, whether people want to -- revenues have to go up, hav we e to cut spending and maybe stimulus but they have to happen, and there is no getting around it they can hide behind whatever gimmick they want but we have to do all of the above. liz: what is the market reaction to that move, if they say we're going with as if call clifs -- s a bill that says raising taxes on upper bracket....
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>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, buthere is no question the obama campaign folk
>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes?...
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Oct 7, 2012
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he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how you reduce deductions and exemptions, a $25,000 $50,000 limit that any one individual could use. that was specific offered by marty felled stein of harvard as a way to make tax reform work. >> and both of them embraced the simpson-bowles commission and the simpson-bowles commission put out three different tax rates and each rate you will have to do something with the deductions and exemptions, eliminate all of them or retain them and romney says i'm going to drop rates and put all of those deductions and exemptions on the table for negotiation. any serious person in politics knows that's the starting point
he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how...
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Oct 8, 2012
10/12
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then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much as mitt romney wants to there is no way or he would have put forth the pro growth plan. he's ring on magic like harry potter will be his treasury secretary. >> he's not going to be able to cut taxes for rich people. he doesn't want to. the idea of pro growth taxes -- >> didn't he say 20% across the board? >> he did, but he also said if you take up the deductions, rich people won't get a big tax break. that's the truth. if you go through the principles and think about it, how do you design a pro growth tax policy? you have to take down the race and get rid of deductions. the numbers can add up.
then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much...
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he said he and his son calculated how much they pay in taxes, federal income tax, payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the same idea by bowles-simpson, get the rate down to create more jobs. nothing better to create a balanced budget than having more people working, earning more money, paying more taxes, that's the most effective and efficient way to get the budget balanced. >> jim, you may want to move on to another topic. i would say this to the american people. if you believe we can cut taxes by $5 trillion and add $2 trillion of additional spending to the military that is not asking for, $7 trillion, to give you a sense, over ten years, that's more than our entire defense budget, and you think that by closing loop
he said he and his son calculated how much they pay in taxes, federal income tax, payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the...
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Oct 9, 2012
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tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is lower than the national average, which already is coming down -- >> in a place where the president's plan to save the auto industry actually protected many jobs. >> so in the face of all the evidence around them, and you can argue about economic statistics as much as you like, but people know their own economy and their own lives. he's trying to put against that by saying there are joshs in the ground we will dig up presumagely by pulling away from environmental regulations. he's talking really about fracking. that's his
tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is...
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Oct 2, 2012
10/12
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because the giant tax cut for the rich. that's why he doesn't want get into the math, and that's why romney will have a tough time at the debates. facts are not on their side. obama has boxed them in on so many issues, highways been right wing. they can't criticize him from the progressive so they have to go further right. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> this used to be a republican idea by the way the individual mandate. it's like they have amnesia. >> i will close guantanamo. >> i believe we need to look forward as opposeed to looking backwards. >> n.a.t.o. will maintain an enduring commitment. >> we then offer additional $650 billion in cuts to entitlement programs. >> this is a targeted focused effort at people who are on a list. >> there are a lot of republican who is are puzzled as to why it couldn't get done. >> i told them i'm prepared to do additional spending cuts and entitlement reform. >> cenk: where are you going to go? he said he's going to do with ent
because the giant tax cut for the rich. that's why he doesn't want get into the math, and that's why romney will have a tough time at the debates. facts are not on their side. obama has boxed them in on so many issues, highways been right wing. they can't criticize him from the progressive so they have to go further right. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> this used to be a republican idea by the way the individual mandate....
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Oct 4, 2012
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we cut taxes -- >> what will you do as president? >> i will sit down on day one -- actually the day i get elected my state. we met every monday and talked about the challenges in our state in that case. we have to work on a collaborative basis, not because we will compromise our principles, but because there is common ground. the reason i am in this race is because there are people hurting. we face this deficit that could crush future generations. there are developments a round the world that are of real concern. republicans and democrats both loved america, but we need to have leadership in washington that will bring people together and get the job done and could not care less if it is a republican or democrat. i have done it before, and i will do it again. >> i think gov. romney will have a busy first day because he is going to repeal obamacare which will not be popular among democrats if you are sitting down with them. my philosophy has been, i will take ideas from anybody as long as they are advancing the cause of making middle-c
we cut taxes -- >> what will you do as president? >> i will sit down on day one -- actually the day i get elected my state. we met every monday and talked about the challenges in our state in that case. we have to work on a collaborative basis, not because we will compromise our principles, but because there is common ground. the reason i am in this race is because there are people hurting. we face this deficit that could crush future generations. there are developments a round the...
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. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to trash the reporter that paul ryan walked out of that interview on. the campaign given on the record quotes calling the reporter an embarrassment. the city where that reporter works and where that interview took place does have the worst violent crime rate in the nation. so that line of questioning here for mr. ryan was understandable. maybe even predictable. but beyond the newsworthiness of paul ryan getting up and taking off his microphone and ending the interview and beyond the newsworthiness of the campaign going after this reporter, there was what that reporter was ab
. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to...
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a candidate says i'm going to lower the tax rates but i'm going to broaden the tax base. what you get is lower rates, you get a lot of the former, you get very little of the latter. because like bob says, once you start going into how you're going to broaden the base, then it's don't look at me, look at the other guy. so the danger of this tax reform trap that governor romney is trying to sell right now is that you're going to end up with massively lower tax rates and you're not going to broaden the base much at all such that you'll have an explosive budget deficit, it's very much what we saw in the bush supply side trickle down years. >> bob, debatess left. the vice presidential debate, the town hall presidential debate and then the debate on foreign policy. >> i think we throw out the myth that somehow or other only the first debates matter. i think the other debates will have big audiences. i'm through with the expectations game. i think vice president biden will do very well next week. i think the president will bring his best game to these next two debates. this guy
a candidate says i'm going to lower the tax rates but i'm going to broaden the tax base. what you get is lower rates, you get a lot of the former, you get very little of the latter. because like bob says, once you start going into how you're going to broaden the base, then it's don't look at me, look at the other guy. so the danger of this tax reform trap that governor romney is trying to sell right now is that you're going to end up with massively lower tax rates and you're not going to...
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Oct 8, 2012
10/12
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we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪ if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue andro
we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless....
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Oct 7, 2012
10/12
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we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪ [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about the days before express lane. thank you, insurance for the modern world. esurance. now backed by allstate. click or call.
we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless....
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. >> at the debate he said he's not going to cut taxes for the wealthy. in the primary he said he's going to cut taxes for everyone. >> i'm going to lower rates across the board for all americans. isn't that a change? >> let me repeat what i said. >> lying, denying and alibiing. >> is that leadership? >> we can't debate the debate. >> the war continues. >> let's move on. >> we are awaiting a major foreign policy address. >> romney boiled down the president's foreign policy to one of hope. >> hope is not a strategy. >> but on actual foreign policy romney's specifics were rather thin. >> i'll support the libyan's people efforts to support a lasting government. >> how about iran? >> prevent them from acquiring nuclear weapons capability. >> that's the same. >> this is the same guy who couldn't even go to the olympics. >> he will say anything, he will do anything. >> his mention of russia. >> without question of number one geo political foe. >> there are two kinds of success, initial and ultimate. >> i still believe you in and i hope you still believe in me.
. >> at the debate he said he's not going to cut taxes for the wealthy. in the primary he said he's going to cut taxes for everyone. >> i'm going to lower rates across the board for all americans. isn't that a change? >> let me repeat what i said. >> lying, denying and alibiing. >> is that leadership? >> we can't debate the debate. >> the war continues. >> let's move on. >> we are awaiting a major foreign policy address. >> romney...
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Oct 8, 2012
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we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪
we are about to get hid - on hit with a biggest tax increase. we are trying to get people to turn off the dancing with the stars and pay attention . >> you mean no more honey booboo. great to have you here. >> i can't believe somebody might think who is the next president is more important than the next episode have had honey booboo. i am glad you watched the show and hope you will be back next week for the next edition of the mike huckabee show. until then goodbye and god bless. ♪
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that's the black tax we have talked about on this show. i want to talk to you about who would be a better role model for your daughter where once again michele obama wins in a landslide and ann romney's a lovely person but we have seen through the last four years michele obama be the sort of amazing role model for american women, intelligent, seriousness, grace. a lot of men read "esquire." what are they seeing about michele obama that's speaking to them through this idea? >> well, there are two ways to look at that question right there. the first is that, of course, michele obama outpolls ann romney. the first lady of the united states. active and visible first lady. you could look at it as a much plainer side by side comparison and twice as many people feel having her as a role model than ann romney. >> richard, one of the questions that interested me is you asked a sort of boot strap question. who had more help in achieving the success and people felt that romney through the wealth and privilege inherited had more assistance versus the
that's the black tax we have talked about on this show. i want to talk to you about who would be a better role model for your daughter where once again michele obama wins in a landslide and ann romney's a lovely person but we have seen through the last four years michele obama be the sort of amazing role model for american women, intelligent, seriousness, grace. a lot of men read "esquire." what are they seeing about michele obama that's speaking to them through this idea? >>...
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Oct 10, 2012
10/12
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but the tax issue was probably a fluke. let's try his answer on regulation. >> regulation is essential. you can't have a free market work without regulation. >> it's essential. so essential that he's actually said this. >> this president has enacted job killing regulations. i'll eliminate them. >> regulation is so essential that it must be eliminated. but don't worry, he was playing it straight on coverage for pre-existing conditions. >> actually, it's a lengthy description but, number one, pre-existing conditions are covered under my plan. >> it's a lengthy description. but the bottom line is pre-existing conditions are covered, right? >> people with pre-existing conditions, as long as they have been insured before, they are going to be able to have insurance. >> what if they were never insured. >> if they are 45 years old and show up i want insurance because i have a heart disease, we can't play the game like that. >> the governor is right about one thing, you can't play the game like that. you can't change who you are wh
but the tax issue was probably a fluke. let's try his answer on regulation. >> regulation is essential. you can't have a free market work without regulation. >> it's essential. so essential that he's actually said this. >> this president has enacted job killing regulations. i'll eliminate them. >> regulation is so essential that it must be eliminated. but don't worry, he was playing it straight on coverage for pre-existing conditions. >> actually, it's a lengthy...
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....